Housing costs in Wood Dale?
A typical home costs
$283,200, which is 16.2% less expensive than the national average of
$338,100 and 17.2% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Wood Dale costs
$1,630 per month, which is 14.0% more than the national average of
$1,430 and 22.7% more than the state average of
$1,260.
Can I afford Wood Dale?
To live comfortably in Wood Dale (zip 60191), Illinois, a minimum annual income of
$54,360 for a family, and
$56,800 for a single person is recommended.
What does A.I. say about Wood Dale?
The cost of living in 60191 Wood Dale, IL is generally quite high, with an overall cost of living index rating of 120.4 which is significantly higher than the national average. The housing costs are particularly steep, with median home prices at more than $273,000 and rents averaging over $1,500 per month. However, despite the high cost of living, residents in the area enjoy a wide range of amenities including plenty of restaurants and shopping options as well as a variety of recreational activities close by. Furthermore, with plenty of employment opportunities nearby and easy access to major transportation hubs such as O'Hare International Airport, Wood Dale offers excellent value for money when compared to similar towns in the area.